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BTC Afternoon Outlook
After completing a deep bottom reversal on the major 4-hour timeframe, it has entered a phased recovery. The short-term 1-hour chart surged then pulled back into oscillating digestion. The bullish trend remains unbroken, but there is clear resistance above. In the afternoon, focus on range trading (sell high and buy low); do not chase highs!
The current price stands above the middle Bollinger Band, the medium-term bullish structure is intact, but under the suppression of the upper band, bulls lack sustained upward momentum!
Intraday, it surged to 63990 then quickly pulled back, forming a short-term double top pressure. The current price is 63009, retracing to near the middle Bollinger Band!
Trading suggestion: go long at 62400-62700, targets 63400, 63800, 64000!#比特币巨鲸两周狂扫27万枚BTC $BTC